Dubbo, New South Wales

EXCEPTIONAL DUBBO FREEHOLD GOING CONCERN - 476MF

FREEHOLD $5,500,000

Business Description

- Manera Heights Apartments offers self-contained, fully serviced accommodation.

- Opposite Dubbo Base Hospital.

- An excellent Investment opportunity.

- 14 Apartments and 2 adjacent 3 bedroom cottages, on separate Titles.

- One has a current DA for an additional 6 apartments.

- There’s nothing to do but move in a reap the benefits.

- Turnover in excess of $800,000.

- Longer term stays promote its profitability.

- Opportunities like this are rare.

- You be the one to take advantage of it!

Net Profit: $562,050 for 2022/23

Contact David Head from Tourism Brokers for further information or to arrange an inspection.

Property ID: 476MF (quote when enquiring)

Property Code: 4911

Business Summary

Marketing Agent
David Head
David Head

Key Investment Insights

1. Prime location: The Manera Heights Apartments are situated opposite the Dubbo Base Hospital, making it an ideal accommodation option for medical professionals, patients, and their families.

2. Strong investment opportunity: With a turnover in excess of $800,000 and a net profit of $562,050 for 2022/23, the Manera Heights Apartments offer a lucrative investment opportunity for potential buyers.

3. Diverse accommodation options: The property includes 14 apartments and 2 adjacent 3 bedroom cottages, each on separate titles. This allows for a diverse range of accommodation options to cater to different types of guests.

4. Potential for expansion: One of the titles has a current DA for an additional 6 apartments, providing the opportunity for further development and potential for increased profits.

5. Low maintenance: The property is fully serviced and requires minimal maintenance, allowing for a hassle-free investment opportunity.

6. Long-term stays promote profitability: The Manera Heights Apartments are known for longer-term stays, which can lead to higher occupancy rates and increased profitability.

7. Rare opportunity: Properties with such a strong investment potential and prime location are rare, making the Manera Heights Apartments a unique opportunity for buyers.

8. Ready to move in: The property is fully operational and requires no additional work, allowing buyers to start reaping the benefits immediately.

9. Experienced broker: The property is listed with David Head from Tourism Brokers, a reputable and experienced broker in the industry.

10. Property ID: The property has a designated Property ID (476MF), making it easy for potential buyers to inquire about the property and obtain further information.
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